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Pan Malaysia Holdings Bhd
PMH saw sharply higher trading volume Monday. Its share price has rallied over the past week on active investor interests, culminating in an Unusual Market Activity (UMA) query on 18 Dec.

Prior to this, Datuk Dr Yu Kuan Chon (also chairman of YNH Property Bhd) had proposed to acquire a 70% stake in PMH for RM77 million. The property tycoon is said to be upbeat on prospects for its brokerage arm, despite stiff competition.

PMH is a member of the Malayan United Industries Bhd (MUI) group. Apart from stock broking, it also provides asset management services and owns the Corus Hotel in Port Dickson.

The Edge Research rates it a Fundamental score of 0.40 out of 3.0. The company was been loss-making in 2012-2013, due to assets impairments for the stock-broking business.

The stock is currently trading at 4.8 times net asset value of 6.3 sen.

pan-msia_23Dec2014_theedgemarkets

This article first appeared in The Edge Financial Daily, on December 23, 2014.

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